How have ALX shares performed in 2024?

Alexander's' stock was trading at $213.57 at the beginning of the year. Since then, ALX stock has decreased by 3.7% and is now trading at $205.62. View the best growth stocks for 2024 here .

Are investors shorting Alexander's?

Alexander's saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 106,700 shares, a decline of 6.7% from the March 15th total of 114,400 shares. Based on an average trading volume of 8,800 shares, the short-interest ratio is presently 12.1 days. Approximately 5.0% of the shares of the stock are sold short. View Alexander's' Short Interest .

When is Alexander's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our ALX earnings forecast .

How were Alexander's' earnings last quarter?

Alexander's, Inc. (NYSE:ALX) released its quarterly earnings data on Monday, May, 3rd. The real estate investment trust reported $3.49 EPS for the quarter, missing the consensus estimate of $5.02 by $1.53. Alexander's had a net margin of 45.53% and a trailing twelve-month return on equity of 41.97%.

How often does Alexander's pay dividends? What is the dividend yield for Alexander's?

Alexander's announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Tuesday, February 20th will be given a dividend of $4.50 per share on Friday, March 1st. This represents a $18.00 dividend on an annualized basis and a yield of 8.75%. The ex-dividend date is Friday, February 16th. Read our dividend analysis for ALX .

Is Alexander's a good dividend stock?

Alexander's (NYSE:ALX) pays an annual dividend of $18.00 per share and currently has a dividend yield of 8.62%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 90.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ALX will have a dividend payout ratio of 190.68% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ALX .

What ETFs hold Alexander's' stock?

ETFs with the largest weight of Alexander's (NYSE:ALX) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS) , Global SuperDividend US ETF (DIV) and ClearBridge Sustainable Infrastructure ETF (INFR) . Hoya Capital High Dividend Yield ETF (RIET) .

What is Steven Roth's approval rating as Alexander's' CEO?

1 employees have rated Alexander's Chief Executive Officer Steven Roth on Glassdoor.com . Steven Roth has an approval rating of 100% among the company's employees. This puts Steven Roth in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Alexander's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander's investors own include Xtrackers California Municipal Bond ETF (CA) , Endologix (ELGX) , BlackRock (BLK) , Hawkins (HWKN) , Chipotle Mexican Grill (CMG) , Aegean Marine Petroleum Network (ANW) , Athabasca Oil (ATH) , Precision Drilling (PD) , Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE) .

Who are Alexander's' major shareholders?

Alexander's' stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.23%) and Allspring Global Investments Holdings LLC (0.01%). View institutional ownership trends .

How do I buy shares of Alexander's?

Shares of ALX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NYSE:ALX

Alexander's (ALX) Stock Price, News & Analysis

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$205.62

-2.31 (-1.11%)

(As of 04/18/2024 ET)

Compare

Today's Range: $205.00
▼
$208.45
50-Day Range: $205.60
▼
$232.50
52-Week Range: $155.60
▼
$235.85

Volume: 7,743 shs
Average Volume: 8,690 shs
Market Capitalization: $1.05 billion

P/E Ratio: 10.30
Dividend Yield: 8.75%
Price Target: N/A

Get Alexander's alerts:

Alexander's MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
5.03% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.59
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -36.47%
From $14.86 to $9.44 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Finance Sector

708th out of 822 stocks

Real Estate Investment Trusts Industry

150th out of 176 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Alexander's.

2.0

Short Interest

Percentage of Shares Shorted
5.03% of the float of Alexander's has been sold short.
Short Interest Ratio / Days to Cover
Alexander's has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Alexander's has recently decreased by 6.73%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Alexander's is a leading dividend payer. It pays a dividend yield of 8.62%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Alexander's does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Alexander's is 90.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Alexander's will have a dividend payout ratio of 190.68% in the coming year. This indicates that Alexander's may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALX.

3.7

News and Social Media Coverage

News Sentiment
Alexander's has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Alexander's this week, compared to 1 article on an average week.
Search Interest
4 people have searched for ALX on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Alexander's to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alexander's insiders have not sold or bought any company stock.
Percentage Held by Insiders
26.28% of the stock of Alexander's is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.99% of the stock of Alexander's is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Alexander's are expected to decrease by -36.47% in the coming year, from $14.86 to $9.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alexander's is 10.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alexander's is 10.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.17.
Price to Book Value per Share Ratio
Alexander's has a P/B Ratio of 4.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Alexander's Stock (NYSE:ALX)

Alexander's, Inc. is a real estate investment trust which has five properties in New York City.

ALX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ALX Stock News Headlines

April 18, 2024 | americanbankingnews.com

Alexander's, Inc. (NYSE:ALX) Short Interest Down 6.7% in March

April 12, 2024 | finance.yahoo.com

Invest Like Donald Trump With This Stock Yielding 8.1%

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.

April 8, 2024 | finance.yahoo.com

Alexander's, Inc. (ALX)

April 4, 2024 | stocknews.com

Top 3 REITs Fueling Market Gains

February 28, 2024 | money.usnews.com

Alexander`s Inc.

February 21, 2024 | msn.com

Demetrious Johnson says Ilia Topuria is just a bad matchup for Alexander Volkanovski: 'You're going to sleep'

February 12, 2024 | msn.com

Alexander's (ALX) Lags Q4 FFO Estimates

April 18, 2024 | TradeSmith (Ad)

A.I. Pioneer Issues Urgent Warning to Americans

With artificial intelligence creeping into every facet of our lives, what should you be doing to "A.I.-Proof" your future? It's the question on many of our minds.

February 12, 2024 | finance.yahoo.com

Alexander’s Announces Fourth Quarter Financial Results

February 12, 2024 | markets.businessinsider.com

Alexander's Q4 Adj. FFO Increase, Stock Gains

February 7, 2024 | finance.yahoo.com

Alexander’s Declares Quarterly $4.50 Dividend on Common Shares

January 29, 2024 | seekingalpha.com

Alexander's: A Lot Of Risks For A Small Discount

December 27, 2023 | nypost.com

Matt LaFleur wasn’t happy with Jaire Alexander’s Packers coin toss blunder

December 25, 2023 | forbes.com

Breaking Down Shai Gilgeous-Alexander’s Pair Of Sidekicks In OKC

December 14, 2023 | msn.com

2 Promising REITs with Robust Bottom lines & Dividend Yields Over 5%

November 2, 2023 | msn.com

Alexander`s (ALX) Price Target Increased by 6.67% to 163.20

November 1, 2023 | seekingalpha.com

Alexander's 10% Yield Seems Compelling But Faces Headwinds

November 1, 2023 | finance.yahoo.com

Alexander’s, Inc. (NYSE:ALX) Q3 2023 Earnings Call Transcript

November 1, 2023 | morningstar.com

Alexander's Inc ALX

October 31, 2023 | benzinga.com

Alexander's: Dividend Insights

October 30, 2023 | finance.yahoo.com

Alexander's (ALX) Beats Q3 FFO and Revenue Estimates

October 25, 2023 | finance.yahoo.com

Vornado Realty Trust (VO7.DU)

October 18, 2023 | stockhouse.com

Alexander's Announces Third Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

October 4, 2023 | fool.com

Alexander's (NYSE: ALX)

October 2, 2023 | stocknews.com

2 Top-Rated Retail REIT to Buy, and 1 to Watch

August 18, 2023 | stocknews.com

Is Now the Time to Invest in Realty Income (O)?

See More Headlines

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Sign-up to receive the latest news and ratings for Alexander's and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 5/03/2021
Ex-Dividend for 3/1 Dividend: 2/16/2024
Dividend Payable: 3/01/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate investment trusts
Sub-Industry: Retail REITs
Current Symbol: NYSE:ALX
CUSIP: 01475210
CIK: 3499
Web: www.alx-inc.com
Phone: (201) 587-8541
Fax: 201-708-6214
Employees: 92
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $19.97
Trailing P/E Ratio: 10.27
Forward P/E Ratio: 13.80
P/E Growth: N/A
Net Income: $102.41 million
Net Margins: 45.53%
Pretax Margin: 45.53%
Return on Equity: 41.97%
Return on Assets: 7.29%

Debt

Debt-to-Equity Ratio: 4.60
Current Ratio: 13.22
Quick Ratio: 13.22

Sales & Book Value

Annual Sales: $224.96 million
Price / Sales: 4.66
Cash Flow: $26.36 per share
Price / Cash Flow: 7.78
Book Value: $46.51 per share
Price / Book: 4.41

Miscellaneous

Outstanding Shares: 5,110,000
Free Float: 3,767,000
Market Cap: $1.05 billion
Optionable: Not Optionable
Beta: 0.78

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Key Executives

Mr. Steven Roth (Age 82)
Chairman of the Board & CEO
Comp: $118.94k
Mr. Gary W. Hansen (Age 46)
Chief Financial Officer
Steven J. Borenstein
Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ALX Stock Analysis - Frequently Asked Questions

How have ALX shares performed in 2024?: Alexander's' stock was trading at $213.57 at the beginning of the year. Since then, ALX stock has decreased by 3.7% and is now trading at $205.62.
View the best growth stocks for 2024 here.
Are investors shorting Alexander's?: Alexander's saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 106,700 shares, a decline of 6.7% from the March 15th total of 114,400 shares. Based on an average trading volume of 8,800 shares, the short-interest ratio is presently 12.1 days. Approximately 5.0% of the shares of the stock are sold short.
View Alexander's' Short Interest.
When is Alexander's' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our ALX earnings forecast.
How were Alexander's' earnings last quarter?: Alexander's, Inc. (NYSE:ALX) released its quarterly earnings data on Monday, May, 3rd. The real estate investment trust reported $3.49 EPS for the quarter, missing the consensus estimate of $5.02 by $1.53. Alexander's had a net margin of 45.53% and a trailing twelve-month return on equity of 41.97%.
How often does Alexander's pay dividends? What is the dividend yield for Alexander's?: Alexander's announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Tuesday, February 20th will be given a dividend of $4.50 per share on Friday, March 1st. This represents a $18.00 dividend on an annualized basis and a yield of 8.75%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for ALX.
Is Alexander's a good dividend stock?: Alexander's (NYSE:ALX) pays an annual dividend of $18.00 per share and currently has a dividend yield of 8.62%. ALX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 90.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ALX will have a dividend payout ratio of 190.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ALX.

What ETFs hold Alexander's' stock?: ETFs with the largest weight of Alexander's (NYSE:ALX) stock in their portfolio include GraniteShares HIPS US High Income ETF (HIPS), Global SuperDividend US ETF (DIV) and ClearBridge Sustainable Infrastructure ETF (INFR).Hoya Capital High Dividend Yield ETF (RIET).
What is Steven Roth's approval rating as Alexander's' CEO?: 1 employees have rated Alexander's Chief Executive Officer Steven Roth on Glassdoor.com. Steven Roth has an approval rating of 100% among the company's employees. This puts Steven Roth in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Alexander's own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Alexander's investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE).
Who are Alexander's' major shareholders?: Alexander's' stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.23%) and Allspring Global Investments Holdings LLC (0.01%).
View institutional ownership trends.
How do I buy shares of Alexander's?: Shares of ALX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ALX) was last updated on 4/18/2024 by MarketBeat.com Staff

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Alexander's (ALX) Stock Price, News & Analysis

Alexander's MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Alexander's Stock (NYSE:ALX)

ALX Stock Price History

ALX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

ALX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™